Established in 1907, Logos is the oldest law firm in Iceland. The firm currently operates offices in Reykjavík and London.
Focusses / specialisms
The firm is recognised for its strengths across several financial and corporate categories.
In banking it is strong in finance work and frequently advises investment funds, pension funds and international investors.
In the capital markets area, the firm is often involved in Iceland’s significant stock market listings.
The M&A team is extremely visible in the Icelandic market, and regularly works on the country’s largest public M&A transactions.
The firm also has a highly experienced project development team which frequently supports marquee domestic and international projects.
Key clients
Key clients include Arion Banki, Alfa Framtak, Archer Norge, Atome, Barclays, Berjaya Corporation Berhad, Blackrock, Brim, Citigroup, Climeworks, Crowberry Capital, Deutsche Bank, Frumtak Ventures, Haugen Gruppen Nordic, Hintsa Performance, Icelandair Group, Icelandic State Financial Investments, Íslandsbanki, Íslensk verðbréf, J.P. Morgan, Kaupthing, Kerecis, Landsbankinn, Landsnet, Laxar eignarhaldsfelag, Laxar Fiskeldi, Marel, Morgan Stanley, New England Seafood International Limited, Norvik, Origo, Orkla, Sidekick Health, Síminn, Sling, Storytel Sweden, Verne Global, Vex, Vörður Insurance, 1912.
Research period review: 33rd edition (2023/2024)
In banking, the firm’s focus was
mainly on asset finance and investment fund foundation. In this field the firm attracted clients mainly from the financial institutions sector.
In the capital market sphere, the firm engaged in an important private placement of shares by
Alfa Framtak.
The firm’s M&A practice focused on private acquisitions and asset acquisitions. The firm’s clients in this field have come mainly from the technology and telecommunications sector.
In terms of project development work, the firm was active in the energy sector as well as the construction and materials sector.
Deal highlights: 33rd edition (2023/2024)
Sp/f Orkufélagið $74 million financing
Hecate Wind offsore wind energy project
Client feedback: 33rd edition (2023/2024)
Bank lending
"Overall great knowledge in the area of loan and pledge agreement. Great communication, customer service and work attitude. Knowledge. Great resource for the client to understand all aspects in loan terms and pledge agreement and provide valuable insights on the loan market in Iceland. Logos always acted in the client's best interest. Great problem-solving in complex tasks and always met deadlines."
"Professional services (above average in the Icelandic jurisdiction). Excellent accessibility and swift response time. Logos has many experienced professionals, experts in diverse business sectors. Advantage that Logos is a 'full service' law firm. Logos is an old and large law firm with a good reputation. Proactive in informing clients of trends and legal changes. Hosting informative events."
M&A
"Knowledge on matters, solution-minded."
"Excellent knowledge, quick response time and ability to negotiate highly complex issues related to M&A transactions."
"Very strong performance throughout the entire process on all aspects – strong 'thought partner', short turnaround time, and high quality of work."
Private equity
"Highly capable, robust and productive team."
"Logos has a great team of lawyers with diverse focus so they can solve all matters requested within the firm giving great comfort for us as a client. Also, Logos tends to give quick feedback and you always feel you are being taken care of."
"Excellent strategic advice as well as documentation of the transaction."
"Access to a wide range of experts, in particular and different fields, and a positive direct personal relationship."
"Great in negotiations and creative solutions seeing what can be done not what can not be done."
Project finance
"Working so well with their team related to the various aspects on the complete projects, including legal, tax and financial issues."
"They have good experience in construction contracts and related matters and produced the work quickly as needed."
"Logos has expertise, meticulous attention to detail, and impressive creativity. They provided practical solutions to the most challenging aspects of my case, and their creative approaches helped us to structure the contract with a very flexible approach."
Restructuring
"They are well-orientated locally and provide a professional service."
Einar Baldvin Axelsson
"Excellent knowledge on the legal marine and shipping issues."
Benedikt Egill Árnason
"Solution-orientated, get's the right people involved as needed, provides valuable input."
"Smart, creative, solution-orientated, hard-working, available."
"Good communication, works effectively and meets deadlines, experienced in the relevant field."
"Quick and adaptive for the specific unchartered situations accompanied with deep experience in the field, creative in looking for out-of-box situations."
"Thorough, precise, great to work with and provides excellent feedback quickly."
"Benedikt is our main adviser and has great knowledge in loans and pledge agreement, great communication skills and always acts in our best interest."
Erlendur Gislason
"Responsiveness, legal knowledge, problem-solving."
Guðbjörg Hjartardóttir
"Very good corporate finance lawyer with excellent overall knowledge in the field."
Christopher Jackson
"Responsiveness, legal knowledge."
Kristofer Jonasson
"Great to work with Kristofer, takes great care of us as a client, thinking two steps ahead and looking to solve future issues in the present. Great communication skills and excellent knowledge base."
Þórólfur Jónsson
“Highly skilled professional. Conscientious and ambitious person. Very likeable.”
Helga Melkorka Óttarsdóttir
"Experienced, professional and balanced approach in solving problems, organised, delivers in time (allowing headroom to review opinions/reports in time before due dates), has perseverance in complicated matters."
Hlynur Olafsson
"Hard-working, smart, solution-orientated, available."
Óttar Pálsson
"Likeable, very good listener, razor-sharp and a good negotiator."
Freyr Snæbjörnsson
"Very approachable and inviting. Personal relationship that builds trust."
Gunnar Sturluson
"He is an experienced lawyer in Iceland. I also appreciate that he is more direct in his advice than many lawyers I work with in other countries."
